Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

4! A CVP graph such as the one shown below is a useful technique for showing relationships among an organization's costs, volume, and profits. Required:

4!
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
A CVP graph such as the one shown below is a useful technique for showing relationships among an organization's costs, volume, and profits. Required: 1. Identify the numbered components in the CVP graph. 2. State the effect of each of the following actions on line 3, line 9, and the break-even point. Required: 1. Identify the numbered components in the CVP graph. 2. State the effect of each of the following actions on line 3 , line 9 , and the break-even point. a. The unit selling price is increased from $18 to $20. b. Unit variable expenses are decreased from $12 to $10. c. Fixed expenses are increased by $3,000 per period. d. Two thousand more units are sold during the period than were budgeted. e. Due to paying salespersons a commission rather than a flat salary, fixed expenses are reduced by $8,000 per period and unit variable expenses are increased by $3. f. Due to an increase in the cost of materials, both unit variable expenses and the selling price are increased by $2. g. Advertising costs are increased by $10,000 per period, resulting in a 10% increase in the number of units sold. h. Due to automating an operation previously done by workers, fixed expenses are increased by $12,000 per period and unit variable expenses are reduced by $4. Complete this question by entering your answers in the tabs below. Identify the numbered components in the CVP graph. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3, line 9 , and the break-even point. The unit selling price is increased from $18 to $20. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3, line 9, and the break-even point. Unit variable expenses are decreased from $12 to $10. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3 , line 9, and the break-even point. Fixed expenses are increased by $3,000 per period. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3, line 9, and the break-even point. Two thousand more units are sold during the period than were budgeted. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3 , line 9 , and the break-even point. Due to paying salespersons a commission rather than a flat salary, fixed expenses are reduced by $8,000 per period and unit variable expenses are increased by $3. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3, line 9, and the break-even point. Due to an increase in the cost of materials, both unit variable expenses and the selling price are increased by $2. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3 , line 9 , and the break-even point. Advertising costs are increased by $10,000 per period, resulting in a 10% increase in the number of units sold. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3 , line 9 , and the break-even point. Due to automating an operation previously done by workers, fixed expenses are increased by $12,000 per period and unit variable expenses are reduced by $4. A CVP graph such as the one shown below is a useful technique for showing relationships among an organization's costs, volume, and profits. Required: 1. Identify the numbered components in the CVP graph. 2. State the effect of each of the following actions on line 3, line 9, and the break-even point. Required: 1. Identify the numbered components in the CVP graph. 2. State the effect of each of the following actions on line 3 , line 9 , and the break-even point. a. The unit selling price is increased from $18 to $20. b. Unit variable expenses are decreased from $12 to $10. c. Fixed expenses are increased by $3,000 per period. d. Two thousand more units are sold during the period than were budgeted. e. Due to paying salespersons a commission rather than a flat salary, fixed expenses are reduced by $8,000 per period and unit variable expenses are increased by $3. f. Due to an increase in the cost of materials, both unit variable expenses and the selling price are increased by $2. g. Advertising costs are increased by $10,000 per period, resulting in a 10% increase in the number of units sold. h. Due to automating an operation previously done by workers, fixed expenses are increased by $12,000 per period and unit variable expenses are reduced by $4. Complete this question by entering your answers in the tabs below. Identify the numbered components in the CVP graph. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3, line 9 , and the break-even point. The unit selling price is increased from $18 to $20. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3, line 9, and the break-even point. Unit variable expenses are decreased from $12 to $10. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3 , line 9, and the break-even point. Fixed expenses are increased by $3,000 per period. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3, line 9, and the break-even point. Two thousand more units are sold during the period than were budgeted. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3 , line 9 , and the break-even point. Due to paying salespersons a commission rather than a flat salary, fixed expenses are reduced by $8,000 per period and unit variable expenses are increased by $3. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3, line 9, and the break-even point. Due to an increase in the cost of materials, both unit variable expenses and the selling price are increased by $2. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3 , line 9 , and the break-even point. Advertising costs are increased by $10,000 per period, resulting in a 10% increase in the number of units sold. Complete this question by entering your answers in the tabs below. State the effect of each of the following actions on line 3 , line 9 , and the break-even point. Due to automating an operation previously done by workers, fixed expenses are increased by $12,000 per period and unit variable expenses are reduced by $4

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Musings On Internal Quality Audits Having A Greater Impact

Authors: Duke Okes

1st Edition

1636941486, 978-1636941486

More Books

Students also viewed these Accounting questions

Question

4. How has e-commerce affected business-to-business transactions?

Answered: 1 week ago